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Versatile Commercial Space in Queens
For Lease
$27 SF/Yr

5-38 46th Ave Queens NY 11101, Long Island City, NY 11101

Office | Single tenant | 5,000 sq. ft.

Space SizeContact for details
Days on Market587

Property Features for 5-38 46th Ave Queens NY 11101

General Information

Standard status Active
Property type Other office properties, Residential offices, Medical Office Space, Office Spaces, Mixed-use properties
Elevators N/A
Rate Type Yearly
Listing Agency:
Listed By: Corey
Added: Jan 6, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 5,000-square-foot commercial space is located at 5-38 46th Avenue in Long Island City, Queens, NY. The mixed-use property features a convenient garage door entry, suitable for efficient loading and unloading. Inside, the space includes finished restrooms and a welcoming foyer at the entrance. The property is located near the 7, G, E, and M subway lines, the LIC Ferry, the LIRR, major highways, and nearby airlines. Waterfront parks, diverse restaurants, and shops are within walking distance.

Property Analytics

Current Use

Remix Market NYC Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,091
Businesses Nearby

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value

Market

Lease Benchmarks for Long Island City, NY

$28.27 /SF/Yr
Avg Asking Price
$4.39–$43.38 /SF/Yr
Price Range
5,397 SF
Avg Space Size

This space is priced 4% below the average of $28.27 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office property - Office | Single tenant | 5,000 sq. ft.
Where is this office property located?
The property is located at 5-38 46th Ave Queens NY 11101 Long Island City, NY.
What is the lease rate?
The lease rate is $27 SF/Yr.
More about this property
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